Monthly Archives: March 2019

Daily Market Intelligence 4/1/19

Daily Market Intelligence 4-1-19

VKTX

I sold 1/3 here @ the 50 WMA I have a resting order to sell another 30% @ 10.69, just shy of its 200 DMA. This move is vertical for 20% in less than 4 hours. Looking for this to … Continue reading

Midday Missive

Transports led early strength PRED… I added to longs @ 2.45 VKTX…Viking broke out. I have an Initial upside target @ 12.44 with an ultimate 15 print. Oil led Brazil & PBR higher. Names are responding to profit taking in … Continue reading

A.M. Look 3/29/19

Spu’s…looking for the upside reversal on the 50X3. It will take a print into the high 30’s. Nasd 100..is into initial P&F congestion matching its 200 DMA in the spread. Mini Dow has the cleanest pattern for higher. Crude is … Continue reading

Daily Market Intelligence 3/29/19

Daily Market Intelligence 3-29-19

A.M. Look 3/28/19

Bunds are gaining on the Italian 10’s Pulte is gaping up into Monthly resistance. Lulu is @ 165 back @ all time highs. Look for another back and forth scrum in the Indices. I would expect reduced volumes. Don’t over … Continue reading

A.M. Look 3/28/19

Bunds are gaining on the Italian 10’s Pulte is gaping up into Monthly resistance. Lulu is @ 165 back @ all time highs. Look for another back and forth scrum in the Indices. I would expect reduced volumes. Don’t over … Continue reading

Daily Market Intelligence 3/28/19

Daily Market Intelligence 3-28-19

Midday Missive

AMZN is doing a gap fill with near resistance @ 1620.50 Closing today under 1616 is needed to keep board defensive. JPM  has a good low Palo Alto networks filled its breakaway gap from 2/22/19 It’s a tradable low for … Continue reading

Midday Missive

Shit Show! Not getting involved. Chips are soft with profit taking in service names. Puke food names and Defense contractors were bought on rotation. Sold JD & ACB. Time to give Pot a rest after CRON downgrade. If you’re looking … Continue reading